Following Nigeria’s foot steps that limited 41 items from access to foreign exchange Ghana put a ban on some goods from being imported into the country.
Ekwow Spio-Garbrah, Ghanaian Minister of Trade and Industry, has stated that Ghana and Nigeria are said to account for some 68% of the ECOWAS region’s Gross Domestic Product.
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Nigeria accounts for almost 10% of Ghana’s foreign trade volume, whereas Ghana is listed as the 9th largest trade partner to Nigeria.
As the two largest economies in West Africa, the relationship between Nigeria and Ghana is a vital one for the region. Trade ties are especially important, and Nigeria’s high levels of liquidity serve as an important source of capital for Ghana.
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Post from Naij.com